Latest Gold Exploration News

Savannah Goldfields Limited is advancing its gold production restart at Georgetown with early ore transport underway, key management hires, and promising new exploration targets.

Arika Resources has launched an expanded 10,000-metre drilling program at its Yundamindra Gold Project in Western Australia, targeting high-grade gold zones at the Landed at Last and Pennyweight Point prospects.

Lachlan Star Limited has reported promising initial gold assay results from its ongoing drilling at the Killaloe Gold Project in Western Australia, revealing new shallow gold-bearing structures near the Duke main trend. The under-explored project shows strong potential for further discoveries as drilling continues.

North Stawell Minerals has updated the timetable for its $3.6 million equity raising, delaying the placement settlement but maintaining the entitlement offer schedule.

Red Hill Minerals has completed the acquisition of a 2% gross revenue royalty on Brightstar Resources’ Sandstone Gold Project, coinciding with promising high-grade drilling results that underscore the project’s potential.

Raiden Resources has extended its Phase 2 drilling program at the Vuzel Gold Project in Bulgaria, intersecting a visually distinct potential epithermal feeder zone and expanding near-surface gold mineralisation by 600 metres. Assays are pending to confirm the grade and nature of this promising discovery.

Cosmo Metals has revealed significant new gold lode extensions at its Nundle Goldfield project in NSW, following interpretation of preliminary LiDAR survey data. The findings highlight underexplored potential in historic mining areas, setting the stage for targeted drilling.

Metal Hawk Limited has secured Aboriginal heritage approval to launch a significant reverse circulation drilling program targeting high-grade gold veins at its Leinster South Project in Western Australia.

The Australian Taxation Office has issued a binding ruling clarifying the tax treatment for De Grey Mining shareholders following Northern Star Resources’ acquisition. The ruling confirms capital gains tax deferral options for eligible investors.

Aguia Resources Limited has reduced its Share Purchase Plan price to 3.6 cents and extended the closing date, while reporting promising initial drill results at its Santa Barbara gold project and securing a $4 million loan to kickstart phosphate production in Brazil.

Turaco Gold has raised A$60 million through a strongly supported placement, positioning the company to fast-track growth and exploration at its flagship Afema gold project.

Askari Metals is advancing its African exploration strategy with detailed field campaigns targeting tin, tantalum, and gold mineralisation in Namibia and Ethiopia, while evaluating strategic acquisitions to bolster its portfolio.